Donald Trump

Illustration by Hilary Knight, courtesy of Simon and Schuster

March 28, 2016

‘Eloise From Hell’ Spent 35 Years in the Plaza for $500/Month, Until Donald Trump Came Along

Remember the story of Herbert J. Sukenik, the famous Central Park West "hermit holdout?" Developers paid the rent-controlled curmudgeon $17 million and gave him a free massive pad overlooking the park in a legendary buyout. His female counterpart might be one Fannie Lowenstein, whom none other than Donald Trump is said to have ended up bestowing a sprawling suite in the venerable Plaza Hotel at 1 Central Park South, complete with a Steinway grand piano and maid service. For zero dollars a month. For life. Here’s how the story of the woman the hotel staff referred to as “the Eloise from Hell” became yet another Manhattan rent regulation legend, as told by Vice.
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March 17, 2016

The Plaza Reportedly Headed to Foreclosure Auction Next Month

By Michelle Cohen

The Plaza, New York City's iconic 109-year-old hotel and residence (formerly known as the Plaza Hotel) at 1 Central Park South will head for the auction block next month, says Bloomberg Business. An unnamed source claims the storied hotel will be offered in a foreclosure auction on April 26 along with the Dream Downtown hotel in Chelsea. The two mortgages total about $500 million, according to the report.
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Events & Things To Do

March 7, 2016

Donald Trump’s NYC Properties Owe the City $27K in Unpaid Fines

By Dana Schulz

Donald Trump's fellow Republican presidential candidates have been focused on him releasing tax documents, but since he claims he's not in the position to do so since he's been audited, this little tidbit might make for some good temporary fodder -- Trump's luxury Manhattan properties owe the city for 19 unpaid violations that have amounted to $27,536 over the past 12 years. I Quant NY scoured the city's building records to find that since 2000, at least 14 of his Manhattan properties have received 460 separate violations, totaling $304,165 in fines. Sure this may be a drop in the bucket for the GOP frontrunner, but it's the lack of compliance that seems troubling, especially since only 6 percent of the instances were dismissed. And 2015 had the most violations to date, with 62 separate fines for "Failure to Maintain an Elevator."
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Real Estate Trends

March 2, 2016

Will Donald Trump’s Divisive Rhetoric Hurt His Real Estate Business?

By Diane Pham

Trump may have swept the southern states on Super Tuesday, but in true blue New York City and other regions with liberal leanings, the presidential candidate remains as polarizing as ever. As such, since announcing his run last year, Trump has been dumped by everyone from NBC (he was axed as the host of “Celebrity Apprentice” […]

Real Estate Trends

February 3, 2016

For $23 Million You Can Be Donald Trump’s Downstairs Neighbor

By Michelle Cohen

A sprawl-o-rama of a penthouse a few floors below the Donald’s Trump Tower apartment is on the market for $23 million, but you’re paying for dizzying views and a palatial floor plan, not proximity to the building’s progenitor–though he did once own the apartment back when it was home to his mom and pop. It’s also rumored (according to Page Six) that Trump rented the pad out to his pal Michael Jackson and his new bride Lisa Marie Presley for $110,000/month back in the day, so you’ve got all sorts of party tidbits to go with your ridiculously enormous apartment. And if your dream is to re-live the '80s like a boss (and by that we mean nonagenarian dowager), the 3,725-square-foot, four-bedroom pad is ready for your key in the door. Otherwise you might want to do a little renovation.
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Distinctive Homes

January 29, 2016

Donald Trump’s United Nations Tower Is the City’s Most Valuable Condo

By Dana Schulz

He may have taken a hit last night with his anti-debate veterans rally, but Donald Trump has come out on top here in the city. The Real Deal analyzed the Department of Finance’s preliminary tax rolls and found that his Trump World Tower at 845 United Nations Plaza is the most valuable condo building in New York City based on tax collection purposes. "The 362 condo units in the Midtown East building, which Trump completed in 2001, have a total market value of $238.27 million in fiscal year 2016," they say. To boot, Trump Place at 220 Riverside Boulevard comes in eighth on the list.
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Real Estate Trends

August 25, 2015

INFOGRAPHIC: Ten Years of Trump

By Dana Schulz

Love him or hate him, not a day goes by anymore without Donald Trump making headlines. But the Donald was turning heads and raising eyebrows long before he launched his [fill in the blank] presidential campaign. As CityRealty notes, “Over the years, Donald Trump’s buildings have commanded a premium in New York’s pricey real estate […]

July 28, 2015

Photographing Street Art on NYC Doorways; The Last Remnant of the Original Penn Station

By Dana Schulz

Photo series “Doorway Galleries” documents the spray-painted, stenciled, and stickered doorways of NYC buildings. [BK Mag] Active uses, street furniture, and first-floor windows–are these the three traits shared by the city’s most walkable streets? [CityLab] A mysterious building on West 31st Street is the last remnant of the original Penn Station. [Scouting NY] This device […]

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July 28, 2015

Donald Trump Gets $21M for Trump Park Avenue Penthouse

By Dana Schulz

When you have $1.4 billion in assets, $21 million is a drop in the bucket, but the Wall Street Journal reports that's what Donald Trump just got for the sale of his penthouse in his namesake building Trump Park Avenue. The apartment is not too exciting, but it does boast 6,200 square feet, ten-foot ceilings, five bedrooms, seven-and-a-half bathrooms, and a private elevator. Trump bought the full-floor penthouse in 2002, when his company converted the Upper East Side building to condos, but never lived there. It first hit the market back in 2013 for $35 million and most recently got a price chop to $24.99 million.
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April 7, 2015

Donald Trump’s New Luxury Golf Course Opens atop a Former Bronx Dump

By Diane Pham

Grab your golf clubs and head northward because Donald Trump's brand new luxury golf course is open for business. After decades of delays and cost overruns, The Donald has finally made the city's dream of a public golf course in the Bronx a reality. Called the Trump Gold Links at Ferry Point, the 7,400-yard course has been constructed atop a one-time landfill. And though its former use is anything but five-star, you wouldn't guess it by the admission price—Trump is charging nearly three times as much to use his greens as other city courses.
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Neighborhood Tours

Picture-Perfect Apartment in the Trump International Finds a Buyer

By Dana Schulz

The Donald has no shortage of high-rise real estate accolades, but the Trump International Hotel & Tower, located at 1 Central Park West, is considered by many one of his most successful developments. Adapted from a former office tower in 1997, it soars 44 stories above Columbus Circle with stunning views of Central Park and the Hudson River. The lower 22 floors are occupied by a hotel, while the upper 22 contain 158 modern, sunny private residences that are nothing short of trump-tacular. Unit 23D, which recently sold for $8.55 million through Ido Berniker at Mercer Partners, is no exception to the billionaire-worthy design. The 3BR/3.5BA apartment has 10-foot ceilings, as well as sleek modern finishes that really make the interior shine.
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